<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial data extracted from the annual report
dated October, for the U.S. Fixed Income Portfolio and is qualified in its
entirety by reference to such annual report.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-END> OCT-31-2000
<INVESTMENTS-AT-COST> 1972799
<INVESTMENTS-AT-VALUE> 1972306
<RECEIVABLES> 232548
<ASSETS-OTHER> 63
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2204917
<PAYABLE-FOR-SECURITIES> 581888
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 621
<TOTAL-LIABILITIES> 582509
<SENIOR-EQUITY> 1622408
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 1622408
<DIVIDEND-INCOME> 18236
<INTEREST-INCOME> 87953
<OTHER-INCOME> 0
<EXPENSES-NET> 5421
<NET-INVESTMENT-INCOME> 100768
<REALIZED-GAINS-CURRENT> (20656)
<APPREC-INCREASE-CURRENT> 23250
<NET-CHANGE-FROM-OPS> 103362
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 528080
<NUMBER-OF-SHARES-REDEEMED> 607156
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 24287
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 4648
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 5421
<AVERAGE-NET-ASSETS> 1549338
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> 0.35
</TABLE>
